Citi is offering 5% cash back rewards on gas at Costco and earn 4% cash back on other eligible gas and electric vehicle (EV) charging purchases for the first $7,000 combined spend per year, and then 1% thereafter with the Costco Anywhere Visa® Card by Citi for Costco Members. No annual fee.
Details:
Slickdeals may be compensated by Citi.
Original Post
Written by
Edited August 26, 2026
at 07:51 AM
by
Citi is offering 5% cash back rewards on gas at Costco and earn 4% cash back on other eligible gas and electric vehicle (EV) charging purchases for the first $7,000 combined spend per year, and then 1% thereafter with the Costco Anywhere Visa® Card by Citi for Costco Members. No annual fee.
Details:
Slickdeals may be compensated by Citi.
in
Credit Cards
(4)
Citi - Bank Advertiser
2,344 Comments
Your comment cannot be blank.
Featured Comments
Sign up for a Slickdeals account to remove this ad.
My citi forward currently still gives me 5x points for restaurants and Amazon.
edit: found it http://frequentmiler.b
This is a major bummer! I suppose I can use Costco Visa for dining out and Sallie Mae master card for Amazon purchases.
I'm pretty sure my Citi Forward got dropped to 1 TYP for every $1 spent. Was this not applied to everyone's Forward card?
Starting June 20, the only accepted forms of payment at Costco will be:
Visa cards
Cash
Checks
Debit/ATM cards
EBT
Costco Cash cards
I have the AmEx Blue Cash Preferred, which is 3% gas. I also have the Citi Double Cash (Mastercard), which is 2% on everything. I also have a Chase Freedom (Visa), which is 1% on everything.
So in comparison, the Citi Costco is only 1% more on gas (4% Citi Costco vs. 3% AmEx Preferred), 1% more on restaurants (3% Citi Costco vs. 2% Citi Double Cash), and 1% more on Costco (2% Citi Costco vs. 1% Chase Freedom or any other Visa that is now accepted at Costco).
1% gas, 1% Costco, 1% restaurants? Probably not worth opening another card. Maybe good for some, but not if you already have a credit card arsenal. I will give them credit, though, as it is still an upgrade, however slight.
Sign up for a Slickdeals account to remove this ad.
Is there another credit card without an annual fee that offers higher than 3% cash back on restaurants?
With this being managed by Citi, do others also think that we can generate virtual credit card numbers for this card?
Tofu Vic
Pretty good card, it looks like
Is there another credit card without an annual fee that offers higher than 3% cash back on restaurants?
With this being managed by Citi, do others also think that we can generate virtual credit card numbers for this card?
Tofu Vic
Citi Forward that I have been using since forever is always 5% on all restaurants with no annual fee.
Starting June 20, the only accepted forms of payment at Costco will be:
Visa cards
Cash
Checks
Debit/ATM cards
EBT
Costco Cash cards
Of course they are, why else would they be doing this? The card's fee free, but money they'll make on the interest/balances.
You AmEx? Any information you can share on anything AmEx is planning to do to entice customers? :p
Incorrect. Absolutely incorrect. AmEx has outsourced to India as well, and perhaps the Philippines too.
Amex is cutting all the lower profit stuff.
Sign up for a Slickdeals account to remove this ad.
My citi forward currently still gives me 5x points for restaurants and Amazon.
edit: found it http://frequentmiler.b
This is a major bummer! I suppose I can use Costco Visa for dining out and Sallie Mae master card for Amazon purchases.
Well that's a major bummer. I haven't gotten that letter yet but I assume mine will be downgraded too. What are the chances that citi will do a product change from the forward 5X card to this new costco card?